Red Rock Resources PLC (AIM:RRR) released the results of the second half of its phase 1 drilling exploration programme on the KKM prospect of its Mikei gold project in Kenya.
Nine of the 11 drill holes returned extensive mineralized zones. The most significant intercepts included 37 metres (m) at 0.73 grammes a tonne (g/t) gold, including 5m at 2.05 g/t; 19m at 0.54 g/t; and 10m at 1.5g/t.
A total of 20 drill holes, totalling 2,093m, have been completed as part of the phase 1 drilling programme. It announced encouraging results from the first half of the programme in January.
READ: Red Rock says first results from drilling at Mikei gold project 'extremely encouraging'
“15 of the 20 holes drilled in the first drill programme since restoration of the licences encountered mineralisation at or above our cut-off, with some very wide intercepts,” said chairman Andrew Bell. “This is very solid progress and a good result.”
“The information derived from this initial small programme, carried out by our new geological team, does not provide information sufficient yet to justify a recalculation of the Mineral Resource Estimate [MRE] but it points us to the most productive work for the next stage, where our objective will be to lead up to a new MRE,” he added.
KKM is the mid prospect of the five main prospects at Mikei and has a JORC-compliant indicated and inferred resource of 371,300 ounces of gold.